Apple to ‘Significantly’ Invest in AI, Warns of $1 Billion Tariff Hit

Apple is lighting a fire under its artificial intelligence (AI) efforts, pledging to “significantly” step up investments and dedicating more staff toward the development of Apple Intelligence features. During its fiscal third-quarter earnings conference call with analysts on Thursday (July 31), CEO Tim Cook said that the company is making “good progress” on infusing more … Continue reading Apple to ‘Significantly’ Invest in AI, Warns of $1 Billion Tariff Hit